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The Occupational Pension Schemes (Scheme Administration) (Amendment) Regulations (Northern Ireland) 2016

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Citation and commencement

1.  These Regulations may be cited as the Occupational Pension Schemes (Scheme Administration) (Amendment) Regulations (Northern Ireland) 2016 and shall come into operation on 6th April 2016.

Amendment of the Occupational Pension Schemes (Scheme Administration) Regulations

2.  The Occupational Pension Schemes (Scheme Administration) Regulations (Northern Ireland) 1997(1) are amended in accordance with regulations 3 to 6.

Amendment of regulation 1

3.  In regulation 1 (interpretation)—

(a)in paragraph (2) in the definition of “relevant multi-employer scheme”(2) for the words from “in relation to” to “or which is” substitute “which is or has been”;

(b)for paragraph (2ZA)(3) substitute—

(2ZA) For the purposes of the definition of “relevant multi-employer scheme”, a participating employer is “connected” to another employer where either of the following conditions is satisfied—

(a)the first condition is that both employers—

(i)are or have been part of the same group of companies consisting of one or more holding companies and subsidiaries of any such companies within the meaning of section 1159(1) of the Companies Act 2006(4); or

(ii)are or have been partnerships, each having the same persons as at least half of its partners;

(b)the second condition is that the participating employer which is not a company within the group referred to in sub-paragraph (a)(i)—

(i)forms or formed a joint venture with that other employer within the group;

(ii)jointly employs or employed members of the scheme with that other employer within the group;

(iii)employs active members of the scheme following a transfer from that other employer within the group;

(iv)holds, held, controls or controlled at least 20% of the voting power in that other employer within the group; or

(v)is or was an employer 20% of whose voting power is or was held or controlled by that other employer within the group..

Amendment of regulation 22

4.  In regulation 22(5) (duty to appoint a chair of the trustees or managers)—

(a)in paragraph (5) after “hold that office” insert “(but see also paragraph (7))”;

(b)in paragraph (6) for “6th April 2015” substitute “6th April 2016”;

(c)after paragraph (6) add—

(7) Paragraph (5) does not apply to a scheme established under section 67 of the Pensions Act 2008(6)..

Amendment of regulation 23

5.  In regulation 23(7)(annual statement regarding governance)—

(a)in paragraph (1) for sub-paragraph (e) substitute—

(e)be signed on behalf of the trustees or managers by—

(i)the chair; or

(ii)where the chair has ceased to hold office as chair for any reason and a replacement has not yet been appointed, a person appointed by the trustees or managers to act as the chair in the interim period.;

(b)in paragraph (2) for “6th April 2015” substitute “17th July 2015”;

Amendment of regulation 27

6.  In regulation 27(8) (appointment of trustees)—

(a)in paragraphs (1) and (2) for “paragraphs (4) to (7)” substitute “paragraphs (4) to (7A)”;

(b)after paragraph (2) insert—

(2A) Paragraphs (1) and (2) override any provision of a relevant multi-employer scheme to the extent that it conflicts with those paragraphs.;

(c)for paragraph (7) substitute—

(7) Where a relevant multi-employer scheme was established, or became a relevant multi-employer scheme, before 17th July 2015 and the requirements of paragraph (1) or (2) were not met on that date, the requirement in question must be met before 6th July 2016.

(7A) Where a relevant multi-employer scheme was established by or under a statutory provision, other than a scheme established under section 67 of the Pensions Act 2008, before 6th April 2016 and the requirements of paragraph (1) or (2) are not met on that date, the requirement in question must be met before the end of the period of 6 months starting with that date..

Revocation

7.  Regulation 21(b) of the Occupational Pension Schemes (Charges and Governance) Regulations (Northern Ireland) 2015(9) is revoked.

Sealed with the Official Seal of the Department for Social Development on 23rd March 2016

(L.S.)

Anne McCleary

A senior officer of the Department for Social Development

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